Major Venturis Therapeutics News – DO NOT OVERLOOK, Updated
There have been two (2) really significant news developments at Venturis Therapeutics (formerly Cardiovascular Biotherapeutics or CVBT) that have been noted on this board, but I’m going to draw attention to them today (and keep them in front of everyone regularly) because they are so important.
1) Venturis Therapeutics was AGAIN caught red-handed trying to cover up bad news. This is a pattern with the dishonest leadership team of Calvin Wallen III and Grant Gordon, where Venturis says something publicly and it subsequently blows up on them, and then they try to pretend it was never said in the first place. Unfortunately Venturis’s mindset about covering things up is pre-Internet when search engines didn’t exist. But what would you expect from dishonest uneducated dropouts, who between the two of them have only one high school diploma and no college or advanced degrees? But ooops...you won't find those facts in their bios. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156561987
The bottom line: This zombie company has suffered a catastrophic 7-figure loss in a binding arbitration case that it now pretends did not happen, and that it can not pay. Once the final dollar figure is declared by the judge, an aggressive collection effort is likely to commence. I believe it will result in either the liquidation of Venturis Therapeutics or a bankruptcy filing that results in the same. All roads lead to liquidation and the end of Venturis Therapeutics, and soon.
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